Berkshire Hathaway Inc (BRK.B)

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"Truck Stop’s Suit Against Berkshire Challenges Buffett’s Good Guy Image"

"Warren Buffett has long championed Berkshire Hathaway as the best home for sizable private companies seeking a buyer, saying that the conglomerate would treat them like fine art and never sell them, a contrast with more rapacious private equity purchasers.

So it comes as a surprise that truck-stop operator Pilot is suing Berkshire Hathaway (ticker: BRK.B), claiming that Buffett’s company is using accounting adjustments to potentially shortchange the family that formerly controlled it.

Knoxville-based Pilot was owned by the Haslam family until it sold an 80% stake to Berkshire Hathaway in two stages in 2017 and early 2023 for a total of $11 billion, with $8.2 billion paid in the second tranche for 41.4% of the business.

It was Berkshire’s largest purchase of a private company during Buffett’s 62 years at the helm."

https://www.barrons.com/articles/buffett-berkshire-hathaway-stock-suit-036b3618